Transformers and Rectifiers (India) logo

Transformers and Rectifiers (India) PE ratio history and valuation

NSE: TARILBSE: 532928Electrical EquipmentSmall Cap

Transformers and Rectifiers (India) Limited · Face value ₹1 · Listed Dec 2007
Last close ₹314.70up ₹0.40 (0.13%)BSE ₹314.80

Share price at the NSE close on 28 Oct 2026. Previous close ₹314.30.

28 Oct: open ₹314.00, high ₹320.00, low ₹310.10

52-week range of traded prices to 27 Oct 2026
₹224.05Low, 2 Feb 2026₹481.40High, 27 Oct 2025
Market cap
₹9,446 Cr586th largest listed
P/E
30.18
P/B
5.72
Dividend yield
0.08%
ROE
20.9%
ROCE
19.3%
Debt to equity
0.34
Volume, NSE
21,04,067

Transformers and Rectifiers (India)'s P/E, price to book, price to sales, EV to EBITDA, dividend yield and earnings yield on 28 Oct 2026, each against its own history of up to 10 years. The P/E is the market cap over the profit of the twelve months to Sep 2026. The ratios use standalone accounts to Mar 2020 and consolidated from Mar 2021.

Transformers and Rectifiers (India) PE ratio and valuation against its own history

  • Price to earnings30.18today

    1 year

    Median 33.23

    Today is at or above 18% of the 247 days

    3 years

    Median 68.35

    Today is at or above 7% of the 648 days

    5 years

    Median 35.67

    Today is at or above 29% of the 1,143 days

    10 years

    Median 30.68

    Today is at or above 48% of the 2,078 days

  • Price to book5.72today

    1 year

    Median 6.18

    Today is at or above 18% of the 247 days

    3 years

    Median 11.32

    Today is at or above 8% of the 559 days

    5 years

    Median 5.71

    Today is at or above 50% of the 1,054 days

    10 years, since Nov 2018

    Median 1.35

    Today is at or above 71% of the 1,781 days

  • Price to sales3.34today

    1 year

    Median 3.61

    Today is at or above 18% of the 247 days

    3 years

    Median 6.31

    Today is at or above 14% of the 744 days

    5 years

    Median 3.43

    Today is at or above 48% of the 1,239 days

    10 years

    Median 0.59

    Today is at or above 74% of the 2,478 days

  • EV to EBITDA21.35today

    1 year

    Median 23.88

    Today is at or above 18% of the 247 days

    3 years

    Median 40.55

    Today is at or above 8% of the 559 days

    5 years

    Median 22.13

    Today is at or above 48% of the 1,054 days

    10 years, since Nov 2018

    Median 9.61

    Today is at or above 69% of the 1,781 days

  • Dividend yield0.08%today

    1 year

    Median 0.06%

    Today is at or above 84% of the 247 days

    3 years

    Median 0.04%

    Today is at or above 92% of the 744 days

    5 years

    Median 0.07%

    Today is at or above 55% of the 1,239 days

    10 years

    Median 0.00%

    Today is at or above 76% of the 2,478 days

  • Earnings yield3.31%today

    1 year

    Median 3.01%

    Today is at or above 82% of the 247 days

    3 years

    Median 1.46%

    Today is at or above 93% of the 648 days

    5 years

    Median 2.80%

    Today is at or above 71% of the 1,143 days

    10 years

    Median 3.00%

    Today is at or above 63% of the 2,226 days

Each track ranks every trading day in the window from the day the ratio was lowest to the day it was highest; the dot is today. The share under it is how many of those days the ratio was at or below today's level, so a high share means today is higher than on most days in the window. A window is shown only when the ratio is held on most of its trading days; a day after a loss-making year has no P/E. Dividend yield is in per cent. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.

How each ratio is worked out, with today's figures
  • Price to earnings =Market cap÷Net profit, last twelve months₹313 Cr
  • Price to book =Market cap÷Net worth₹1,653 Cr
  • Price to sales =Market cap÷Revenue, last twelve months₹2,831 Cr
  • Enterprise value =Market cap+Borrowings₹574 Cr−Cash₹81 Cr
  • EV to EBITDA =Enterprise value÷Operating profit, last twelve months₹466 Cr
  • Market cap =Close×Shares in issue30,01,65,834at 30 Sep 2026

Consolidated accounts, the twelve months to Sep 2026, ₹ crore.Transformers and Rectifiers (India) financials ›

Transformers and Rectifiers (India) valuation at each year end

On the last trading day of each March, the month the company's year ends.Transformers and Rectifiers (India) dividend history

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Market cap (₹ crore)539356176722174377545,64116,0957,635
Price to earnings23.0Loss24.39.6Loss22.722.9Earlier quarters restated in the year99.727.8
Price to bookNo balance sheetNo balance sheet0.50.20.61.22.0Shares changed14.65.7
Price to sales0.60.60.20.10.30.40.64.68.73.2
EV to EBITDANo balance sheetNo balance sheet8.34.87.48.79.3Shares changed60.719.7
Dividend yield0.00%0.00%0.00%0.00%0.00%0.30%0.26%0.04%0.02%0.08%
Earnings yield4.4%−0.8%4.1%10.4%−0.7%4.4%4.4%Earlier quarters restated in the year1.0%3.6%
A ratio that does not exist on the day says why in its cell. The ratios are on standalone accounts to Mar 2020 and consolidated from Mar 2021.

Transformers and Rectifiers (India) market cap, ten years

The last trading day of each month.

Market cap, ₹ crore

  • Market cap
₹17,106 Cr₹72 Cr₹9,446 CrOct 16Feb 18Jun 19Oct 20Feb 22Jun 23Oct 24Feb 26Oct 26

Earnings per share, book value and enterprise value

From the close on 28 Oct 2026, with the last twelve months' results.

Enterprise value
₹9,939 Cr
P/E to growth
1.31
Earnings per share
₹10.43
Book value per share
₹55.06
Dividends, last 12 months
₹0.25
Public's market cap
₹3,367 Cr

Against Heavy Electrical Equipment

48 listed companies in Heavy Electrical Equipment, each priced on its last trading day; Transformers and Rectifiers (India) is 20th among them by market cap. Each median leaves out Transformers and Rectifiers (India) itself and takes the other companies that have the figure.

Industry median P/E
36.7Across 37 other companies
Industry median P/B
5.4Across 39 other companies
Industry median EV/EBITDA
27.8Across 34 other companies
Industry median dividend yield
0.35%Across 25 other companies
Company
Quality Power Electrical Equipments logoQuality Power Electrical EquipmentsQPOWER10,53879.0519.4455.40.09%
Voltamp Transformers logoVoltamp TransformersVOLTAMP10,50333.135.8628.70.96%
Inox Wind logoInox WindINOXWIND10,19729.611.6012.90.00%
Elecon Engineering Company logoElecon Engineering CompanyELECON9,63639.383.8417.80.47%
Transformers and Rectifiers (India) logoTransformers and Rectifiers (India)TARIL9,44630.185.7221.30.08%
Kanohar Electricals logoKanohar ElectricalsKANOHAR7,545–––0.00%
Powerica logoPowericaPOWERICA6,297–––0.00%
Skipper logoSkipperSKIPPER6,16927.46––0.02%
Transrail Lighting logoTransrail LightingTRANSRAILL5,76314.232.536.91.16%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.